FRAHilal Markets · Shariah Evidence report
Frax (prev. FXS) (FRAX)
Fasset Shariah Reports v2026.07-pack.1 · Passport version 1
Eligible
Printed from Hilal Markets. Evidence last checked 2026-07-24 16:46:48 UTC.
1. The result
The retained Fasset asset profile records the explicit verdict Shariah Compliant. HilalMarkets identity and use-specific coverage are reviewed separately and no missing source fact was inferred.
| Result | Eligible |
|---|---|
| Standard used | Fasset Shariah Reports v2026.07-pack.1 |
| Decision made | 2026-07-24 16:50:25 UTC |
| Published | 2026-07-24 16:50:25 UTC |
| Evidence last checked | 2026-07-24 16:46:48 UTC |
| Evidence expires | 2026-07-25 07:26:50 UTC |
| Next source check | 2026-08-04 17:15:42 UTC |
This is a screening result for the coin itself, under the one standard named above, on the date named above. It is not a universal religious ruling and it is not approval of every way the coin can be used.
2. Why
- Automatically published the exact compliant asset-level reference from Fasset published Shariah Reports; AI factual research remains separately labelled and does not determine the status.
3. What this covers
| Use | Covered? | Reason and scope | Checked |
|---|---|---|---|
| Asset-level Fasset reference | Covered | Automated publication retains only the external asset-level reference and HilalMarkets spot monitoring scope. Other product uses remain separate and are not covered by this automation. Scope: Only the exact asset-level external reference. Reviewer-approved use decision |
2026-07-24 16:50:25 UTC |
| Spot ownership and market monitoring | Covered | Automated publication retains only the external asset-level reference and HilalMarkets spot monitoring scope. Other product uses remain separate and are not covered by this automation. Scope: Spot monitoring only; no leverage or trade execution. Reviewer-approved use decision |
2026-07-24 16:50:25 UTC |
4. Which coin exactly
| Official name | Frax (prev. FXS) |
|---|---|
| Symbol | FRAX |
| Network | ethereum |
| Type | Token |
| Identity state | Verified |
| Identity checked | Date not kept |
| Contract on ethereum | 0x3432b6a60d23ca0dfca7761b7ab56459d9c964d0 |
| Contract on fantom | 0x7d016eec9c25232b01f23ef992d98ca97fc2af5a |
| Contract on polygon-zkevm | 0x6b856a14cea1d7dcfaf80fa6936c0b75972ccace |
| Contract on moonriver | 0x6f1d1ee50846fcbc3de91723e61cb68cfa6d0e98 |
| Contract on evmos | 0xd8176865dd0d672c6ab4a427572f80a72b4b4a9c |
| Contract on solana | 6LX8BhMQ4Sy2otmAWj7Y5sKd9YTVVUgfMsBzT6B9W7ct |
| Contract on harmony-shard-0 | 0x0767d8e1b05efa8d6a301a65b324b6b66a1cc14c |
| Contract on polygon-pos | 0x1a3acf6d19267e2d3e7f898f42803e90c9219062 |
| Contract on binance-smart-chain | 0xe48a3d7d0bc88d552f730b62c006bc925eadb9ee |
| Contract on arbitrum-one | 0x9d2f299715d94d8a7e6f5eaa8e654e8c74a988a7 |
| Contract on avalanche | 0x214db107654ff987ad859f34125307783fc8e387 |
Where it trades
| Exchange | Market | Type | Trading now? |
|---|---|---|---|
| Binance | FRAX/USDT | spot | Yes |
| Bybit | FRAX/USDT | spot | Yes |
Whether an exchange lists a coin is separate from whether it passed the review.
5. Rule by rule
| Rule | Outcome | Reviewer explanation | Evidence and gaps |
|---|---|---|---|
| Canonical asset identity | Pass | No explanation was added. | f8cef110-0383-49c2-81df-761ce429a9e0 · a5b538c9-612b-49b4-b0a0-5bf9acec5ac1 · bd00b1bc-dd82-4149-b876-1b6525bc0b51 |
| Published Fasset reference | Pass | No explanation was added. | f8cef110-0383-49c2-81df-761ce429a9e0 · a5b538c9-612b-49b4-b0a0-5bf9acec5ac1 · bd00b1bc-dd82-4149-b876-1b6525bc0b51 |
| Evidence completeness and freshness | Pass | No explanation was added. | f8cef110-0383-49c2-81df-761ce429a9e0 · a5b538c9-612b-49b4-b0a0-5bf9acec5ac1 · bd00b1bc-dd82-4149-b876-1b6525bc0b51 |
| Source scope and exact asset match | Pass | No explanation was added. | f8cef110-0383-49c2-81df-761ce429a9e0 · a5b538c9-612b-49b4-b0a0-5bf9acec5ac1 · bd00b1bc-dd82-4149-b876-1b6525bc0b51 |
| HilalMarkets use-specific factual review | Pass | No explanation was added. | f8cef110-0383-49c2-81df-761ce429a9e0 · a5b538c9-612b-49b4-b0a0-5bf9acec5ac1 · bd00b1bc-dd82-4149-b876-1b6525bc0b51 |
6. Sources
| Source | Publisher | Available? | Taken | Saved copy and fingerprint |
|---|---|---|---|---|
| Frax (prev. FXS) official documentation https://github.com/FraxFinance/frax-solidity/blob/master/frax_whitepaper_v1.pdf Official-source factual information captured for the HilalMarkets profile; it is not unpublished authority reasoning. |
Official project source | Available | 2026-07-24 16:46:25 UTC | bd00b1bc-dd82-4149-b876-1b6525bc0b51 90528701a0a20356e2f6206d0f222574062baf13d31e19288e103fa3d20d28ae |
| Fasset Shariah Report: Frax Share https://www.fasset.com/shariah-reports/ Explicit retained verdict: Shariah Compliant; source reference: profile:64. |
Fasset | Available | 2026-07-24 07:26:50 UTC | f8cef110-0383-49c2-81df-761ce429a9e0 1ae694209e98aeb690e4b215a670d0c1993d975acf19a1dd83538a3ff7934028 |
A live link can change after this report was printed. The saved copy and its fingerprint cannot.
7. Decision and history
| Decision | Approved |
|---|---|
| Who decided | External reference automation |
| When | 2026-07-24 16:50:25 UTC |
| Published | 2026-07-24 16:50:25 UTC |
| Reason | Automatically published the exact compliant asset-level reference from Fasset published Shariah Reports; AI factual research remains separately labelled and does not determine the status. |
| Integrity fingerprint | 80f368292f0287318fbe85de286364ad4bd9164e62983d5292ca5b6510d096f3 |
| When | What happened | Who | Change |
|---|---|---|---|
| 2026-07-24 16:50:25 UTC | Status changed Automatically published the exact compliant asset-level reference from Fasset published Shariah Reports; AI factual research remains separately labelled and does not determine the status. |
External authority reference automation | start → eligible |
| 2026-07-24 16:50:25 UTC | Reviewer decision Automatically published the exact compliant asset-level reference from Fasset published Shariah Reports; AI factual research remains separately labelled and does not determine the status. |
Amr | start → approved |
| 2026-07-24 16:50:25 UTC | Status changed Automatically published the exact compliant asset-level reference from Fasset published Shariah Reports; AI factual research remains separately labelled and does not determine the status. |
External authority reference automation | eligible → eligible |
| 2026-07-24 16:50:25 UTC | Published The reviewed decision was published as an immutable Passport version. |
Hilal Markets | start → published |